Earnings Releases·Nov 3, 2026, 8:08 AM ET

Eaton Corporation — Third Quarter 2026 Earnings Summary

Record third-quarter net sales of $8.947 billion (+28% YoY) and adjusted diluted EPS of $3.68, with segment margins reaching a record 25.3% (+30 bps YoY).
Raised full-year 2026 organic growth guidance to 13-15% and segment margins to 24.1-24.5%, while setting full-year adjusted EPS guidance at $13.70-$13.80.
Announced strategic moves to acquire COL Group for $921 million to expand European data center capabilities and finalize the separation of the Mobility business via a Reverse Morris Trust transaction with Dana Incorporated, both expected to close in 2027.
Demonstrated strong order momentum with total backlog growing 46% in Electrical and 33% in Aerospace, supported by robust demand across data center, utility, and industrial end markets.